If she is sending you properties that don't even match two of your criteria, she is really not interested in helping you.In terms of offers 20% below asking.

Then you go and negotiate the best deal for yourself because you're keeping everything below your buyer's estimate.This is how I prefer to do it.It just requires close relationships, and this is a people business first, and a numbers game second.Paul

I am now offering them for sale, at small profit for myself and to move them in this difficult market..I have listed them at about 40% - 50% below similiar lots in the community ( ranges from $25k - 65k).

Start stepping on toes..........agents are required by law to submit your offer unless specifically stated in listing that no offer will be accepted below a certain amount.Agents frequently hold offers or fail to submit them......make your offer then push....good agents will submit it......ask for the denial paperwork if told you were denied......always push the issue.....the only agents that will be offended are those that do not do as they are supposed to.

Where I live now most properties seem to sell for around 100 times the fair monthly market rent to a shade below that (example- 100k duplex with 500 per side monthly market rents).

Below are my queries and her responses.

I've found my expenses to be 35% but I recognize that might be low compared to the national scene.

In short, I have a mentor who is basically going to help me find a great deal where my rehab/cost of property will be below 50%.

Sure, you try to buy it below market value, but you buy a home because you like it, not for investment value.

By selling a put at $55 means that if JNJ falls below $55, I will be forced to buy at $55 but I get the $2.00 now.